The stock market started the week on a negative note as investors opted to sell despite corporate giants posting healthy profits.The Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.65 per cent or 77.21 points to end at the 11,883.01 point level. more... (ET)

as of January 30, 2012

Funds

Offer

Redemption

POGSF

10.3350/-

10.3350/-

YTD Return

11.87%

POAIIF

53.4786/-

52.9438/-

YTD Return

12.78%

POAAAF

47.58/-

46.39/-

YTD Return

-8.17%

POIAAF

55.17/-

53.79/-

YTD Return

2.95%

POAF

10.96/-

YTD Return

11.34%

AMC

AM3

POAIIF

A+ (f)

POAF

AA-

POAAAF

3 Star

POIAAF

5 Star

Dec-11

Nov-11

MoM (%)

AUM's (PKR bn)

264.26

279.81

-5.56%

No of AMCs

24

24

-

No of Funds

128

128

-

KSE Market Data

KSE Market Data

Capitalization

Volume

Traded Val.

KSE Return

(USD bn)

(Rs. bn)

(Sh. mn)

(Rs.bn)

(YTD)

KSE100

33.20

2,855

55.38

4.91

4.72%

KSE30

6.73

579

39.98

4.75

9.74%

KMI30

4.86

418

31.66

4.01

7.55%

KSE All

35.88

3,086

67.06

4.99

4.77%

January 30 , 2012

GDR

GDR Closing

GDR (USD)

KSE(Rs)

LSE(Rs)

YTD Chg.

MCB

2.60

169.87

117.03

-14.77%

OGDC

16.00

151.84

144.03

-0.75%

UBL

2.00

57.60

45.01

-6.96%

LUCK

1.70

86.00

38.26

21.40%

January 30 , 2012

F.I.P.I.

(USD 000)

Buy Value

Sell Value

Net Value

Foreign Individiual

45.54

-70.62

-25.09

Foreign Corporates

2,137.13

-1,933.06

-204.07

Overseas Pakistani

347.98

-364.65

-16.67

Grand Total

2,530.65

-2,368.33

162.31

F.I.P.I.

Foreign Investment

Foreign Investors Portfolio Investment (FIPI USD mn)

CYTD

YoY Chg

MTD

Mom Chg.

27-Jan-12

30-Jan-12

Change

Gross Buy

46.23

-61.69%

46.23

81.43%

1.46

2.53

-73.33%

Gross Sell

-48.98

-18.37%

-48.98

-2.32%

-1.77

-2.37

33.80%

Net Buy/(Sell)

-2.69

-104.33%

-2.69

-89.21

-0.32

0.16

-150.72%

S.C.R.A

Country

During the Period FY12TD

30-01-2012

Cumulative Inflow

Cumulative Outflow

Cumulative
Net flow

Inflow

Outflow

Net Flow

Equity

T-Bill

PIBs

Equity

T-Bill

PIBs

Equity

Equity

Hong Kong

6.42

-

-

11.82

-

-

-5.40

-

-

-

Luxembourg

19.41

-

-

33.00

-

-

-34.81

0.84

0.00

0.84

Switzerland

19.46

0.35

-

28.97

1.27

-

-10.43

-

-

-

UAE

4.93

0.52

-

3.44

4.46

-

-2.97

-

-

-

UK

32.71

0.16

-

104.51

0.29

3.47

-75.03

0.58

0.98

-0.40

USA

114.96

-

-

199.10

-

19.06

-103.20

0.64

1.21

-0.57

Total

232.80

3.72

-

429.64

6.02

29.22

-228.89

2.07

2.20

-0.13

News Clippings

Economy

‘High profits encourage textile industry to shift to Bangladesh’

The main reasons behind the shifting of textile industry to Bangladesh are not electricity and gas outages and power tariffs in Pakistan, but the preferential treatment of Dhaka in the European Union and the United States, says Textile Minister Makhdoom Shahabuddin. .more... (ET)

Tax return filing dips 42pc in 2011

More than 42 per cent taxpayers did not file their income tax returns in the year 2011, leading to a substantial tax evasion owing to negligence of the tax department, it is learnt. more...(D)

Qualifying for IMF’s Special Data Dissemination System

The International Monetary Fund (IMF) has asked Pakistan to compile quarterly numbers of gross domestic product (GDP) growth, and if the country is able to do so, it will qualify for the fund’s data authenticity standard of Special Data Dissemination System.more... (DT)

Sudanese envoy stresses for Pak-Sudan joint trade ventures

Sudan Ambassador to Pakistan Alshafie Ahmad Mohamed on Monday invited Pakistani businessmen to make investment or ink joint ventures with their Sudanese counterparts as the country has unparallel and huge opportunities in Rice, Cement, pharmaceutical, Textile made-ups, food products, poultry and steel sectors.more...(BR)

Company & Sector Update

Corporate results: Fauji Fertilizer profit up two-fold

Despite core business of the fertiliser manufacturer showing a drop in 2011, Fauji Fertilizer Company (FFC) beat all expectations and announced a two-fold increase in net profit to Rs22.5 billion.more...(ET)

Corporate results: Lucky Cement profits double to Rs3b

Net profit rose 107% to Rs3.02 billion during July to December 2011 against Rs1.46 billion in the same period a year back, according to a notice sent to the Karachi Stock Exchange on Tuesday. more...(ET)

Ogra`s move robbed consumers of Rs70 billion

Gas consumers are reported to have suffered a whopping Rs70 billion loss over three years thanks to a single decision of the Oil and Gas Regulatory Authority (Ogra) to hike the prices in a violation of then rules.. more...(D)

Punjab seeks $250m WB loan for water sector

The Punjab government is seeking a loan of $250 million from the International Development Association of the World Bank for a project to improve water productivity in central and southern parts of the province, it is learnt.more...(D)

Political

Ajmal Kasab death penalty appeal adjourned

India’s Supreme Court adjourned an appeal hearing on Tuesday into the death sentence handed down to the lone surviving gunman from the 2008 Mumbai attacks. more... (ET)

Senate election: PPP plans ‘unopposed’ victory from Sindh

President Asif Ali Zardari has asked his party leadership in Sindh to consolidate relations with coalition partners in the province and step up efforts to win seats at the upcoming Senate elections ‘unopposed’. more... (ET)

Peace, love message should be given in Rabi-ul-Awwal’

Muttahida Qaumi Movement (MQM) chief Altaf Hussain has said that the message of peace, love and brotherhood should be preached during the holy month of Rabi-ul-Awwal. “The MQM has been making practical efforts for the religious harmony and unity among the Muslims”, he added. more... (DT)

Court lifts Haqqani travel restrictions

The Supreme Court hearing the controversial memo case lifted on Monday travel restrictions imposed on former ambassador Husain Haqqani on Dec 1 last year and allowed him to go to Washington to meet his family. more...(D)

GCC

UDC announces withdrawal of strategic shareholder

United Development Company
(UDC) has announced the withdrawal of a strategic shareholder and said the agenda of the company's extraordinary meeting to be held in February will be amended. more... (Zawya)

Turkey seeks a major role in growth of UAE's non-oil trade

Trade between the UAE and Turkey is expected to more than double by 2015, representatives of both governments said yesterday. more... (Gulf News)

Bigger role for SAMA in capital market supervision

The Saudi Arabian Monetary (SAMASAMA) is to play a bigger role in the supervision of the country's financial sector under a new agreement announced on Sunday. more...(Zawya)

Saudi oil minister reassures on global supply

Ali Naimi, Saudi Arabia's powerful oil minister, has insisted the kingdom will be able to make up for any disruptions to global oil supplies, amid mounting tensions over the European embargo on Iran's oil exports. more...(Zawya)

Quote of the Day:

"It is literally true that you can succeed best and quickest by helping others to succeed."Napoleon Hill

Disclaimer:
This Bizz Info is being circulated for information purposes only and no action is being solicited based on it. Information and calculations presented in this news update have been generated from sources which we believe to be reliable, however we do not represent that it is accurate, complete and should be relied upon. Pak Oman Asset Management Company Ltd. does not assume any liability on it. This Bizz Info or any part of it should not be reproduced, published or distributed without prior permission.